Edina Soccer Association
Nonprofit profile at a glance
- EIN
- 411284041
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Edina, MN, USA
- Phone
- 9529200204
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Recreation& Sports N.E.C.
Reported finances
- Revenue
- $542,521
- Expenses
- $584,033
- Assets
- $312,917
- Liabilities
- $149,167
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- KATE LIGON (PRESIDENT)
Highest reported compensation
- KRISTA GRESHAM (EXECUTIVE DI): $70,720 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The edina soccer association is a community organization committed to providing a quality soccer program to children in edina. It is the goal of the edina soccer association to provide for all boys and girls of the community an equal opportunity to participate in the game of soccer at any ability level, and to have fun while building good sportsmanship, a sense of discipline and an understanding of the fundamentals of the game. The edina soccer association will encourage the active involvement of parent and community volunteers as coaches, assistant coaches and team managers with the understanding that the success of the program depends upon them, their good sportsmanship and their knowledge of the basic program.
What it reported doing in 2024
The edina soccer association is a soccer club organized for youth recreation and enjoyment. In 2024 approximately 4,000 soccer players participated on teams.
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 90
- Accountability: 69
- Sustainability: 22
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 93.5%; rating input score 93
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -7.7%; rating input score 20; 20th percentile among comparable filings
- Total-asset coverage ratio: 0.54; rating input score 25; 25th percentile among comparable filings
- Liabilities to assets ratio: 0.48; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 12.1%; rating input score 30; 30th percentile among comparable filings
Growth
- Program expense growth: 4.3% per year; rating input score 100; 38th percentile among comparable filings
- Revenue growth: 3.3% per year; rating input score 100; 33rd percentile among comparable filings
- Asset growth: 5.7% per year; rating input score 100; 42nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 93.5% of spending went to programs
- Governance: 15 of 15 board members independent · 2 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $546K in reported program spending
- Leadership: top reported pay $71K · 16 people listed
- Consistency: 24 of 24 current checks pass
- Schedules: 3 filed schedules
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 5 of 7 not reported.
- High — Sustainability: Operating margin scored 20/100.
- High — Sustainability: Total-asset coverage ratio scored 25/100.
- High — Sustainability: Liabilities to assets ratio scored 17/100.
- Moderate — Sustainability: Officer compensation ratio scored 30/100.